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YOUR WASHINGTON
AND YOU!
A WEEKLY
REPORT from
KARL MUNDT
SENATOR FROM SOUTH DAKOTA
United States Senate
"FOR A FAIR CHANCE FOR A FREE PEOPLE"
VOLUME XVIII (1956) NUMBER 16 - FOR RELEASE APRIL 25 OR AFTER
# #
FACTS AND FIGURES FOR FARMERS. By this time it is no news that
President Eisenhower disapproved the Farm Bill by action of his
veto, and by the subsequent explanation offered to a nationwide
radio and television audience. Speaking for myself, I was deeply
disappointed that the President took this action, inasmuch as I
felt that the Bill--while indeed not perfect--offered the best
formula for farm assistance which could be obtained from this
Congress.
Two Formulas For Farm Help
The controversy over the right type of economic aid to America's farmers revolved
around basic formulas for price supports. The first involved the support prices set by
Secretary of Agriculture Benson last February under terms of the Agricultural Act of 1954.
When Congress finished its work on the Farm Bill, it set its own price standards (the
second formula) by retaining the 90 percent of parity provisions, (it also retained the
Soil Bank--an important part of President Eisenhowers original recommendations.) However,
the Congressional price standards were rejected via the President's veto but, in his refusal message, he set forth the farm aid that will be forthcoming by Dept. of Agri. action.
IT IS SIGNIFICANT TO NOTE THAT THE SUPPORT PRICES AS ANNOUNCED BY THE PRESIDENT WERE
CONSIDERABLY BOOSTED OVER THOSE SET BY SECRETARY OF AGRICULTURE BENSON IN FEBRUARY! Thus,
can be seen the concrete value of the Farm Bill discussion which for so long occupied the
time of the Senate, and particularly its Agriculture Committee. Here--in the table below
--is the record showing the commodity support price boost announced by the President:
Commodity Support Price Announced
In February by U.S. Dept. of Agri.
Corn. ... $1.40 per bu. 81% Parity
Wheat....... $1.81 per bu. 76% Parity
Butterfat... 56.2 per lb, 78% Parity
Mfg. Milk... $3.15 per 100 lbs. 82% Parity
Commodity Support Price Announced
by President in his Veto Message
Corn. . . $1.50 per bu. 86% Parity
Wheat....... $2.00 per bu. 84% Parity
Butterfat... 58.6 per lb. 81% Parity
Mfg. Milk... $3.25 per 100 lbs.84% Parity
Props For Perishables
Another important part of the President's recommendations involves price props for
perishable farm commodities. In his veto message, the President said "We will use Department of Agriculture funds, where assistance will be constructive, to strengthen the prices
of perishable farm commodities."
All of us in South Dakota remember what happened to hog prices early last Fall when
pork was produced in surplus. Last week's Newsletter summarized the good results of the
subsequent pork-buying program. Now the President says that $400 MILLION is available to
aid producers of perishables when prices are temporarily in distress.
The Soil Bank still remains an unknown factor. At this writing, the President has
asked Congress to again approve this new concept of farm aid so payments will be available
in 1956. The Democratic Leadership in Congress, however, has not yet acted on his request,
so a discussion of the Soil Bank phase of Farm legislation must await a later Newsletter.
Price supports on Dairy products were set by the President at the same levels provided in the vetoed bill after being stepped up by Senate Committee action.
###
Read the unpublished facts about: "SOUTH DAKOTA'S CONTRIBUTIONS TO U.S. SCIENCE" (other side)
###
PRIZE-WINNING CHAIRMAN. Last week South Dakota's prize-winning Republican County Chairman
--Perkins County GOP Chairman Carney Peterson of Lemmon--was in Washington on an expense-paid trip, which he won in a state-wide contest for his work in the 1954 campaign. Along
with Mrs. Peterson, he attended the Republican Conference banquet and sat at a front table
less than 20 feet from President and Mrs. Eisenhower. I was happy to have Carney as my guest
for lunch in the Senate Dining Room, and also for an interview on my weekly radio program
broadcast over 27 stations in six Midwestern States. TRULY OUR STATE CAN BE PROUD OF VOLUNTEERS LIKE CARNEY WHO DO MUCH--THROUGH THEIR WORK IN POLITICAL PARTIES--TO KEEP OUR FREE FORM
OF GOVERNMENT ACTIVE, VIGOROUS AND ALERT TO THE BEST INTERESTS OF ALL THE PEOPLE!
###
MORE FISH FOR OUR GREAT LAKES. The greatest single step ever taken toward recreational development of the Missouri River lakes in South Dakota occurred here when the Senate Interior
Appropriations Subcommittee approved a $30,000 fund to begin construction plans for a HALF
MILLION DOLLAR fish hatchery below Gavins Point Dam near Yankton, South Dakota.
The Subcommittee gave favorable action on my motion to secure these funds when it was
pointed out South Dakota's annual requirements will be about SEVEN MILLION FISH from this
hatchery which will be designed to produce northern pike, walleyed pike, largemouth black
bass and channel catfish. Thousands of farm ponds and small reservoirs will also be furnished fish from this hatchery, so South Dakotans will rejoice with me that we are on the way
to establishing some of the "best fishing waters In the world right in our own home State!

The work from which this copy was made did not include a formal copyright notice. This work may be protected by U.S. copyright law (Title 17, United States Code), which governs reproduction, distribution, public display, and other uses of protected works. Some uses may be legal with permission from the copyright holder, if the copyright on the work has expired, or if the use is fair use or compliance with the law. All use of DLSD material and content, whether utilized under fair use or used with written permission to publish, must name the Karl E. Mundt Historical & Educational Foundation, Karl E. Mundt Library, Dakota State University, as the original source for the material.

The work from which this copy was made did not include a formal copyright notice. This work may be protected by U.S. copyright law (Title 17, United States Code), which governs reproduction, distribution, public display, and other uses of protected works. Some uses may be legal with permission from the copyright holder, if the copyright on the work has expired, or if the use is fair use or compliance with the law. All use of DLSD material and content, whether utilized under fair use or used with written permission to publish, must name the Karl E. Mundt Historical & Educational Foundation, Karl E. Mundt Library, Dakota State University, as the original source for the material.

Date Digitized

2009-07-06

Transcript

YOUR WASHINGTON
AND YOU!
A WEEKLY
REPORT from
KARL MUNDT
SENATOR FROM SOUTH DAKOTA
United States Senate
"FOR A FAIR CHANCE FOR A FREE PEOPLE"
VOLUME XVIII (1956) NUMBER 16 - FOR RELEASE APRIL 25 OR AFTER
# #
FACTS AND FIGURES FOR FARMERS. By this time it is no news that
President Eisenhower disapproved the Farm Bill by action of his
veto, and by the subsequent explanation offered to a nationwide
radio and television audience. Speaking for myself, I was deeply
disappointed that the President took this action, inasmuch as I
felt that the Bill--while indeed not perfect--offered the best
formula for farm assistance which could be obtained from this
Congress.
Two Formulas For Farm Help
The controversy over the right type of economic aid to America's farmers revolved
around basic formulas for price supports. The first involved the support prices set by
Secretary of Agriculture Benson last February under terms of the Agricultural Act of 1954.
When Congress finished its work on the Farm Bill, it set its own price standards (the
second formula) by retaining the 90 percent of parity provisions, (it also retained the
Soil Bank--an important part of President Eisenhowers original recommendations.) However,
the Congressional price standards were rejected via the President's veto but, in his refusal message, he set forth the farm aid that will be forthcoming by Dept. of Agri. action.
IT IS SIGNIFICANT TO NOTE THAT THE SUPPORT PRICES AS ANNOUNCED BY THE PRESIDENT WERE
CONSIDERABLY BOOSTED OVER THOSE SET BY SECRETARY OF AGRICULTURE BENSON IN FEBRUARY! Thus,
can be seen the concrete value of the Farm Bill discussion which for so long occupied the
time of the Senate, and particularly its Agriculture Committee. Here--in the table below
--is the record showing the commodity support price boost announced by the President:
Commodity Support Price Announced
In February by U.S. Dept. of Agri.
Corn. ... $1.40 per bu. 81% Parity
Wheat....... $1.81 per bu. 76% Parity
Butterfat... 56.2 per lb, 78% Parity
Mfg. Milk... $3.15 per 100 lbs. 82% Parity
Commodity Support Price Announced
by President in his Veto Message
Corn. . . $1.50 per bu. 86% Parity
Wheat....... $2.00 per bu. 84% Parity
Butterfat... 58.6 per lb. 81% Parity
Mfg. Milk... $3.25 per 100 lbs.84% Parity
Props For Perishables
Another important part of the President's recommendations involves price props for
perishable farm commodities. In his veto message, the President said "We will use Department of Agriculture funds, where assistance will be constructive, to strengthen the prices
of perishable farm commodities."
All of us in South Dakota remember what happened to hog prices early last Fall when
pork was produced in surplus. Last week's Newsletter summarized the good results of the
subsequent pork-buying program. Now the President says that $400 MILLION is available to
aid producers of perishables when prices are temporarily in distress.
The Soil Bank still remains an unknown factor. At this writing, the President has
asked Congress to again approve this new concept of farm aid so payments will be available
in 1956. The Democratic Leadership in Congress, however, has not yet acted on his request,
so a discussion of the Soil Bank phase of Farm legislation must await a later Newsletter.
Price supports on Dairy products were set by the President at the same levels provided in the vetoed bill after being stepped up by Senate Committee action.
###
Read the unpublished facts about: "SOUTH DAKOTA'S CONTRIBUTIONS TO U.S. SCIENCE" (other side)
###
PRIZE-WINNING CHAIRMAN. Last week South Dakota's prize-winning Republican County Chairman
--Perkins County GOP Chairman Carney Peterson of Lemmon--was in Washington on an expense-paid trip, which he won in a state-wide contest for his work in the 1954 campaign. Along
with Mrs. Peterson, he attended the Republican Conference banquet and sat at a front table
less than 20 feet from President and Mrs. Eisenhower. I was happy to have Carney as my guest
for lunch in the Senate Dining Room, and also for an interview on my weekly radio program
broadcast over 27 stations in six Midwestern States. TRULY OUR STATE CAN BE PROUD OF VOLUNTEERS LIKE CARNEY WHO DO MUCH--THROUGH THEIR WORK IN POLITICAL PARTIES--TO KEEP OUR FREE FORM
OF GOVERNMENT ACTIVE, VIGOROUS AND ALERT TO THE BEST INTERESTS OF ALL THE PEOPLE!
###
MORE FISH FOR OUR GREAT LAKES. The greatest single step ever taken toward recreational development of the Missouri River lakes in South Dakota occurred here when the Senate Interior
Appropriations Subcommittee approved a $30,000 fund to begin construction plans for a HALF
MILLION DOLLAR fish hatchery below Gavins Point Dam near Yankton, South Dakota.
The Subcommittee gave favorable action on my motion to secure these funds when it was
pointed out South Dakota's annual requirements will be about SEVEN MILLION FISH from this
hatchery which will be designed to produce northern pike, walleyed pike, largemouth black
bass and channel catfish. Thousands of farm ponds and small reservoirs will also be furnished fish from this hatchery, so South Dakotans will rejoice with me that we are on the way
to establishing some of the "best fishing waters In the world right in our own home State!